Downward movement for Gold

22 בספט׳ 2020

As i said in the analysis before, momentum of bullish dissappeared. already hit my invalidation level and going down with impulsive movement. Here are my recount counting for bearish movement to ride wave 5 of impulsive. U can seek sell position in the bluebox area which is between level 61.8 and 50.0 of fibonacci around 1912-1921. It already hit this level and happening right now. your stop loss can be put at the 38.2 level at price 1930. You can take profit around 1880 price as my prediction wave 1 = wave 5.